Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Not to worry they have more shares and t shirts to sell. There is so much debt now through back room deals that any possible interest of a legitimate company buying Canoo probably isn’t going to happen and they have shown they have no idea how to mass produce anything but t shirts
Going to run out of money soon dilute in future. I had high hopes to bank on this. Still possible with some Jim Cramer pump and dump that guy is a joke JS.
GOEV......GO-EV Canoo build partner,
https://investors.canoo.com/news-presentations/press-releases/detail/62/canoo-names-vdl-nedcar-as-contract-manufacturing-partner
Also from the 10-q:
"Salary and related benefits expenses increased by $9.0 million to $14.4 million in the three months ended June 30, 2022,..... These increases were due primarily to investment in personnel to support our growth and achieve start of production in late 2022.
.
.
.
]We expect to see an overall increase in selling, general and administrative expenses to support our growth and initiatives related to the Lifestyle Vehicle, MPDVs, and Pickup which are expected to launch as early as 2022 and 2023."
From the 10-q, this is today's agreement that allows for the sale of up to $200MM of company stock:
"ATM Program
On August 8, 2022, the Company entered into an At-the-Market Offering Agreement (the "ATM Agreement") with Evercore Group L.L.C. and H.C. Wainwright & Co., LLC (collectively, the "agents"), to sell shares of Common Stock having an aggregate sales price of up to $200.0 million, from time to time, through an “at-the-market offering” program under which the agents will act as sales agent. The sales, if any, will be made by any method permitted by law deemed to be an “at-the-market offering” as defined in Rule 415 promulgated under the Securities Act of 1933, as amended. The Company will pay the agents a commission rate of up to 3.0% of the gross sales price per share sold, with H.C. Wainwright & Co., LLC being entitled to an additional 1.5% of the gross sales price per share sold, and has agreed to provide the agents with customary indemnification, contribution and reimbursement rights. The ATM Agreement contains customary representations and warranties and conditions to the sales pursuant thereto. The Company is not obligated to sell any shares of Common Stock under the ATM Agreement and may at any time suspend solicitation and offers thereunder. The offering of shares of Common Stock pursuant to the ATM Agreement will terminate upon the sale of all the shares subject to the ATM Agreement or upon the termination of the ATM Agreement by either the Company or the agents, as permitted therein."
From the 10-q and in response to discussion from a few days ago:
"During the first quarter of 2022, the Company entered into a real estate lease for its industrialization facility in Bentonville, Arkansas ("Bentonville lease"). The original lease term is 10 years and commenced on February 1, 2022.
The Bentonville lease contains an option to extend the term for 10 years and is classified as an operating lease. At the inception of the lease, it was not reasonably certain we would exercise any of the options to extend the term of the leases.
The rent payments made by the Company under the Bentonville lease are expensed on a straight-line basis in the condensed consolidated statements of operations."
I think there earning come out today once they hit should be able to pick up under $3
Jim Cramer Recommends Selling This Stock: 'No One Ever Likes Me To Say Anything Bad' About This Company
By Benzinga
— 8:14 AM ET 08/04/22
On CNBC's "Mad Money Lightning Round," Jim Cramer said Canoo Inc. (NASDAQ:GOEV) is losing money. "We're done with those stocks that just lose money," he added.
Go GOEV!!! Prove Cramer wrong!
The Reddit Wallstreetbets community has us in focus for August. Hedge funds are building interest. If this does drop below $3 (not likely, IMO) it will be a gift and an opportunity for believers to double down on their “investment” here.
https://finance.yahoo.com/news/amtd-digital-9-other-stocks-131528581.html
IMO I don’t see anything stopping this stock from dropping back below $3
Lol - that financing was brilliant. Look at the details. Barely dilutive at all an in the future at a pps of almost triple.
No volume after more toxic financing looks like were headed down again
Been watching Level 2 for a few days now and it appears some institution(s) are accumulating.
The Ax of this stock won't let it run until they are done accumulating for their client(s).
Looks like a stock that will appreciate nicely..! Plus an article about a short swueeze for Goev is very interesting.. Walmart/ us government like their ev trucks!$
electric Trucks > https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169431127 $GOEV
What would it take for another pop up?
good Volume
GOEV
Canoo Inc
4.21
-0.40 (-8.68%)
Volume: 55,895,004
Day Range: 4.17 - 4.63
Bid: 4.21
Ask: 4.22
Last Trade Time: 7:59:59 PM EDT
Total Trades: 191,595
GOEV Detailed Quote
no shit i don't think it cant get to 5 i was knocking down a clown dude
10 lol you all are hot dog break 5 first
Canoo, GOEV, rated a Buy....
GOEV Stock Price | Canoo Inc. Stock Quote (U.S.: Nasdaq) | MarketWatch
https://www.marketwatch.com/investing/stock/goev?mod=search_symbol
GOEV, Canoo point of view....
Check out @stockWare message on StockTwits http://stocktwits.com/stockWare/message/471822627
Short squeezes can be quick and brutal --for the shorters.
OK, homeslicers, we all now what happened that happened with no apparent warning the way Jay Powell does every time he opens his mouth about interest rate increases
What I found interesting about the 8k was about Wally World telling Canoo no deals with Amazon for delivery vans
Talk about a shot fired across the bow
It appears to me Wally World has deepened its resolve to take market share from the house that Bezos built
And, knowing that Wally World is such a discounter it will get these vans on the cheap
u a clown 10 ten maybe go sale hot dogs
I agree, GOEV , Canoo should go up or be somewhat close to Rivian.
Gonna be $30 to 50 stock soon...very impressive..Walmart now US Army...who knows how many other companies line up for purchase order...
Consolidating nicely as it moves today, should be able to hold the gains.
Does anyone still want to sell the warrants to me at $ 0.56 again like yesterday, had different buys this week, the highest at $0.67, sold them at $1.03, thanks again scared ones.
You’re right, I didn’t know that. I don’t see why GOEV can’t trade near the same market cap as Rivian, which is 20X higher than Canoo’s.
Criminal Street was using all out manipulation yesterday to cover their corrupted naked shorts, but still got caught with their pants down today, like the criminals deserve to be.
This SHOULD HAVE landed on planet Jupiter, YESTERDAY. And today some 'news' that the US Military is THINKING about it???
WOOHOOOOOO GOEV$ WOOHOOOOOO WOOHOOOOOO
30 million short lol to 7 it will go
Great news on Canoo. Agreed that this market has really dampened the enthusiasm for buying and speculating in stocks. With inflation and a pending recession, you have to wonder how much risk capital is out there available. Especially when you consider $2 Trillion of crypto investments disappearing.
Canoo will be fin in the long term. The traders are just have to be patient for the bigger dollars.
$GOEV: Making great coin here on that news............
I'm trying to find a board for $ILAG but Ihub won't let me put one up.
Was $25 yesterday................ just hit $2.70
Got a bunch will average in more
If anyone can help, $ILAG should go back to IPO price of $4
GO $GOEV
GOEV, this is a tidbit, maybe not everyone knows, but the Canoo electric motors/engines are "Military"grade....so they could see a big Contract from the U.S. Army! :)
GOEV/Canoo satisfied NASA.
I'm going to assume that some are taking initial profits and will be right back in after lunch. This is a good one.
This market really sucks right now. a year ago and that news would have blasted us to the moon. Patience, I guess...
Followers
|
69
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1046
|
Created
|
08/04/20
|
Type
|
Free
|
Moderators |
The plant, at full capacity, will be able to build over 150,000 vehicles a year, he said in an interview.
Canoo's investment in the facility will come in stages, and depending on demand could ultimately range from $500 million to $1 billion,
he said, adding that the state is providing Canoo more than $300 million in tax incentives.
Until the Oklahoma plant opens, VDL will build Canoo's seven-seat vehicle for the U.S. and European markets,
he said, allowing Canoo to meet its commitment to start production in the fourth quarter of 2022.
LOS ANGELES, March 10, 2021 /PRNewswire/ -- Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough
purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture,
debuted today its fully-electric pickup truck during the Motor Press Guild's Virtual Media Day (VMD) in partnership with Automobility LA.
The production version of the pickup truck will open for preorders in Q2 2021, with deliveries beginning as early as 2023.
"We are so passionate about building vehicles that can change people's lives," said Tony Aquila, Executive Chairman, Canoo.
"Our pickup truck is as strong as the toughest trucks out there and is designed to be exponentially more productive. This truck works for you.
We made accessories for people who use trucks – on the job, weekends, adventure. You name it, we did it because it's your platform and she's bad to the bone."
Canoo's pickup truck was built with several unique features to help customers do more with their vehiclesi:
Pull-out Bed Extension:
The pickup truck bed is six feet long and can extend to a fully enclosed eight feet, allowing big items such as a 4 by 8 ft sheet of plywood to easily fit inside.
The pull-handle bed extension also helps with loading and unloading the truck. The extension also serves as a license plate holder.
When the bed is extended, a second layer of tailgate doors can be swiveled out.
The bed-extension also houses a secondary lamp, containing all tail lamp functions, so the truck can be driven while the bed space is maximized.
Fold Down Worktable + Cargo Storage:
To offer the greatest customer utility, the pickup features a front cargo storage area that can hold tools or gear, also includes a fold down worktable with electrical outlets.
The workstation table is extendable to allow customers to have maximized work surface on the go, in addition to providing an area to put on gear before heading out exploring.
Flip-Down Side Tables:
Both sides of the vehicle house a flip down table in two expandable depths.
Built into the side panel of the truck bed, the flip-down side table becomes a workbench with multi-functional power sources in close proximity.
Side Step + Storage:
On the side of the vehicle there is a hidden step to allow quick and easy access to the truck bed.
Underneath the step is a flexible storage area for items including: a first-aid kit, cooler for snacks and drinks, lockable laptop storage and more.
This space efficient feature is only possible due to Canoo's ultra-flat platform.
Modular Bed with Space Dividers:
The truck bed is modular with the use of Canoo's space divider system designed to keep items separate and secure.
The bed wall also incorporates modular wheel chocks to secure bikes and configurable tie downs for ladders, large equipment and other materials.
Multi-Accessory Charge Port:
The pickup truck can double as a powerplant with exportable power accessible on all sides of the vehicle.
Power can last all day for tools and devices, with as little as 10% impact on vehicle range.|
Integrated Overhead + Bed Perimeter Lighting:
The third break light doubles as an overhead light to see inside the cargo bed at night.
The vehicle is also equipped with perimeter lighting on all sides of the bed wall for added visibility.
Roof Rack:
The pickup truck has optional roof racks in variable sizes for added cargo storage. The roof rack is easily accessible from the flatbed or via the sidestep.
Camper Shell:
The pickup truck has been designed to accommodate a variety of camper shells to fit as many use cases as possible.
The pickup truck is the third vehicle that will be based on the company's proprietary multi-purpose platform architecture, enabling the accelerated development timeline.
Canoo's EV platform functionally integrates all the critical components of an electric powertrain to be as flat and efficient as possible.
Traditional EV platforms have power units, shock towers and mechanical steering columns that protrude into the vehicle and take up space.
By incorporating steer-by-wire and other space-saving technologies,
Canoo's thin platform, with no need for an engine compartment, allows the company to offer a flatbed size comparable to America's best-selling pickup truck on a smaller footprint.
This makes the vehicle easier to maneuver and more convenient to drive and park in any terrain.
Vehicle specifications for the Canoo pickup truck includeii:
Canoo designed its pickup truck to be the most cab-forward and space efficient on the market, with massive cargo capacity on the smallest footprint possible.
Thanks to the flexible platform and steer-by-wire, the passenger compartment was able to be shifted forward to maximize driver visibility.
Canoo's designers gave the pickup added stance and durability with increased wheel spats to support larger wheels, which provides improved stability and gives it a rugged profile.
Advanced lighting technology provides adaptive safety, and the company's iconic signature headlights and taillights serve as core brand identifiers without the need for a logo.
Beyond just storage, the front surface of the vehicle has been extended to better protect the headlights and windscreen.
The bumpers are designed for maximum functionality and durability with integrated tow hooks and metal skid plates on both the front and rear.
The vehicle's fog lamps are also integrated seamlessly into the bumper design to offer the driver additional visibility and safety.
Lined with trim and materials selected for durability, the extended cab vehicle has two seats in the front with a customizable rear compartment
that can accommodate two additional seats or support additional purpose-built use-case configurability.
Full specifications will be revealed closer to production. With its thoughtful added features, utilitarian design, and compact maneuverability,
this vehicle reinforces Canoo's mission of creating electric vehicles for everyone on the road or dirt road.
Canoo's line of battery electric vehicles is purposefully designed to help everyday people be more productive and enjoy
a return on capital from their vehicle, putting money back into the pockets of its consumers.
About Canoo
Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles that are reinventing the automotive landscape
with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first.
Distinguished by its experienced team – totaling over 350 employees from leading technology and automotive companies
– Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable
to support a wide range of vehicle applications for consumers and businesses.
For more information, please visit
http:// www.canoo.com.
For Canoo press materials, including photos, please visit press.canoo.com.
For investors, please visit investors.
http://www.canoo.com. ;
video 03-12-2021
#2-$Canoo 'Canoo Inc (GOEV)' [bed of truck is very usable][like work bench etc.][300h.p.]
assessory's available
https://www.youtube.com/watch?v=sbBXMzaXDVM&ab_channel=Canoo
Canoo
11.8K subscribers
Get updates about Canoo Pickup Truck: https://bit.ly/38vIZrG?
Own the open road with over 200 miles of range and instant acceleration with 550 ft lbs of torque.
Take what you need with you with 1,800 lbs of payload capacity and a 6 ft utility truck bed, packaging a folding side table,
pegboard bed flooring, onboard outlets and more into every corner and surface
— complete with an additional 2ft pull out extension for a little extra room when you need it.
Our purpose-built pickup truck is designed to be the most cab-forward and space-efficient vehicle available,
resulting in an open cabin with a commanding view of the road and seating for up to four. An exercise in function and form,
the Canoo Truck makes use of every millimeter of space for all the utility you need for work and the weekend.
Official Press Release: https://bit.ly/3l7QeLj?
Connect with Canoo:
Instagram: https://www.instagram.com/canoo??
Facebook: https://www.facebook.com/canoo??
LinkedIn: https://www.linkedin.com/company/canoo??
Twitter: https://www.twitter.com/canoo??
Medium: https://www.medium.com/@canoo?
#Canoo? #PickupTruck? #ElectricTruck
PER IHUB MGMT |
02-07-2021
DISCLAIMER: ONLY FOR MICK
https://investorshub.advfn.com/boards/profilea.aspx?user=1012
*The Board Monitor and herewithin , are not licensed brokers and assume NO responsibility for actions,
investments,decisions, or messages posted on this forum.
CONTENT ON THIS FORUM SHOULD NOT BE CONSIDERED ADVISORY NOR SOLICITATION
AUTHORS MAY HAVE BUYS OR SELLS WITH THE COMPANIES MENTIONED IN TRADING POSTERS SHOULD DUE DILIGENT BUYING OR SELLING.
ALL POSTING SHOULD BE CONSIDERED FOR INFORMATION ONLY. WE DO NOT RECOMMEND ANYONE BUY OR SELL ANY SECURITIES POSTED HEREWITHIN.
ANY trade entered into risks the possibility of losing the funds invested.
• There are no guarantees when buying or selling any security.Any
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |